Opinion: Why are ObamaCare Plans So Substandard?

This transcript has been automatically generated and may not be 100% accurate.

I ... I ... I ... the insurance ... it's ... a complicated process for a lot of people ... when they have more choices that means that they're going to take more time ... um ... there's no doubt the we've lost some time ... but ... the website's getting better each week ... by the end of this month ... it will be functioning for the majority of people for using a ... dough be able to shop see what their choices are ... welcome to Opinion Journal why Mary Kissel that was President Obama defending his signature health care law ... at Tuesday's Wall Street Journal CEO Council ... in Washington but what are the choices ... that he's actually talking about on these exchanges of that editorial board member ... Joe radio here to explain and it did show ... up ... let's assume the website gets fixed reaching there was a big assumption was in the into the city gets fixed what are these plans are on offer in the federal exchange how many of them are ... write what the what the president says is that ... all plans are sub standard and the truth is the new plans are are much worse they cost more ... in return for fewer benefits than what was available due ... to my today that's ... if you don't get insurance through your employer you purchasing on your own with after tax dollars ... no one reason for that is that ... all of the presence of political goals are built into the costs of these plants so ... many plans offer ... well for exactly and the plants you you might be able to get it from from different insurers but they're also ... essentially the same there's there's standardize the all the same benefits ... and then there's four levels the call ... to denounce the medals two years so it's ... bronze silver and gold and platinum and email me very any kind of it in terms of in terms of ... how much you pay out of pocket versus how much is built into the creamy and they're all this and basically ... insurance is supposed to be ... commodity here instead of the ... individual products tailored to meet your needs so we had how many choices prior to Obamacare ... on state ... insurance websites act and on the right house in you if you look at ... the health insurer ... dot com which is an online insurance shopping portal pride that it actually works the technological wonders never cease at that time there there are thousands of plans available from about a hundred eighty insurers ... and now all serve ... all that is being liquidated in ... putting into the issue ... of of of ... of the Affordable Care okay so we had added me is that for thousands and thousands of trees before now we have four ... of our these plans essentially HMO knows ... how wide in the network's right that's that's the other issue ... in the initial market today ... that what most people choose about eighty percent of customers choose a ... PPO ... preferred provider organization plan ... we can visit virtually any doctor ... you pay for an obviously that that that's the choice ... here ... under the Affordable Care Act because they ramped up all these mandated benefits Hino ... pediatric additional comfort and so forth even if you don't have kids maternity coverage ... all the rest of it there are defining what counts is the health benefits ... the insurers had to find some way ... to lower the premium into the realm ... of of ... of affordable here he said oh are you stated that the lowest very narrow network very narrow networks into how bout just make about thirty seconds left ... and the date of the cheapest plan ... in the federal exchange the cassettes the bronze plan on it it does that include all of these expensive extrasafe talked about it don't forget that the benefits of the same for the plan ... there's ten categories of so-called essential health benefits that that all plants must cover ... and because there are inflating the benefit you have to restrict ... the actual medical choices so ... little choice of doctor on mobile choice of of specialists and so forth you know if you if you love the beach and most of the early nineties that the Clinton era ... late that their back to making a political comeback year ... okay well ... the concert seemed to like in the latest polls show fifty cents fifty seven percent ... disapproval rating a CBS poll ... and tore apart member Joe rego plates